YEARLY HIGH
0.0169 FJD
YEARLY LOW
0.0157 FJD
YEARLY AVERAGE
0.0163 FJD

2021 ISK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0169. Conversely, the yearly low was recorded on January 16, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0013 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0158 to the December average rate of 0.0164, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0169 was down 4.70% compared to the 2020 peak of 0.0178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 85 FJD
2020 Average 80 FJD
Yearly Trough Low 78 FJD
Transaction Impact: A difference of 6.40 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0169
0.0157
JanuMarcMayJulySeptNove

ISK to FJD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0162, compared to 0.0164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0164

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0007 FJD (High: 0.0168 / Low: 0.0161). On the other end, June was the most stable month, with a tight range of 0.0002 FJD (High: 0.0169 / Low: 0.0167).

May Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0168) against the same month in 2020 (average: 0.0160), the exchange rate shifted by +0.0007 (+4.66%).

2021 Avg (June) 0.0168
2020 Avg (June) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0160 0.0157 0.0158
February 0.0160 0.0157 0.0158
March 0.0164 0.0158 0.0161
April 0.0165 0.0160 0.0163
May 0.0168 0.0161 0.0165
June 0.0169 0.0167 0.0168
July 0.0169 0.0165 0.0167
August 0.0169 0.0165 0.0166
September 0.0165 0.0162 0.0163
October 0.0164 0.0160 0.0162
November 0.0164 0.0158 0.0161
December 0.0165 0.0162 0.0164